Factors you should know about Commercial Real Estate loans under $5 million
When you take out a commercial real estate loan with Finance Factors, you can expect individualized and professional treatment from a knowledgeable Loan Officer. To fulfill the individual needs of your real estate transaction, we offer flexible, tailored financing solutions and timely choices. Using numerous properties as collateral on a single loan could help you qualify for the loan or minimize the required cash down payment.
How to Obtain a Commercial Property Loan?
Commercial real estate loans are typically used to finance the purchase or renovation of commercial real properties. Lenders typically require that the property be owner-occupied, which means that your company must occupy at least 51% of the space. To obtain a commercial real estate loan, you must first determine the type of loan you require, which may vary depending on the property and business, and then limit down your lender choices.
In which property type you can get a loan?
â— Apartment buildings and multi-family dwellings are among the property types evaluated (5 or more dwellings)
â— Office Condominiums or Office Buildings
â— Warehouses and industrial buildings
â— Shopping malls or strip malls
â— Mixed-use structures
What are types of loans are there?
â— Low-interest, 10-year fixed-rate apartment construction loans
â— Construction Loans
â— Commercial Real Estate Mortgages
Author Signature :
JBN Capital LLC provides loans solely for Commercial Real Estate and business purposes only and not for personal or consumer use. To know more visit the website http://jbncapital.com/
JBN Capital LLC is an established company and operates in the state of Texas. JBN Capital LLC provides loans solely for Commercial Real Estate and business purposes only and not for personal or consum..